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Crypto startup M0 raises $40 million to build out stablecoin network.

Aug 28, 202517 days ago

Amount Raised

$40 Million

ZugCryptocurrencyBlockchain

Description

Crypto startup M0 has successfully raised $40 million in a recent funding round to advance its stablecoin network. The funding will be used to enhance infrastructure and expand market reach. This capital infusion highlights growing investor confidence in stablecoin technology. M0 aims to provide a more stable digital currency solution for users.

Company Information

Company

M0

Location

Zug, Zug, Switzerland

About

M0 is the universal stablecoin platform. With M0, builders can create their own stablecoins, and customize attributes such as branding, compliance behaviors, and yield distribution mechanics. By leveraging M0, businesses can monetize their digital dollar use cases and maintain control over their money tech stack, while not being burdened by operational heavy-lifting.

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